Thinknum Overview
Thinknum is a venture-backed alternative data Software as a Service (SaaS) startup that specializes in gathering and analyzing vast amounts of data from public online sources. Here’s a detailed look at what the product does and its key features:
Data Collection and Analysis
Thinknum utilizes sophisticated, in-house developed machine learning algorithms to index the public web in real-time. This process captures ephemeral information and creates over 35 structured datasets from a broad array of public online sources. The data encompasses various aspects of more than 500,000 global companies, including job listings, headcount, social media traction, employee sentiment, product pricing, and store locations.
Key Features
Data Access and Integration
Users can access Thinknum’s data through either an API or a user-friendly UI, making it accessible to both technical and non-technical teams. This flexibility allows companies to integrate the data into their existing systems or use it directly through the Thinknum platform.
Real-Time Insights and Alerts
The platform enables fast queries and real-time alerts, allowing users to be the first to know when critical metrics cross thresholds. This feature is particularly useful for tracking company activity, such as hiring trends, product pricing changes, and store openings or closures.
Customizable Queries and Visualizations
Thinknum offers intuitive tools for building and sharing custom queries. Users can bookmark queries, create custom keyword-based word clouds, charts, and advanced visualizations to quickly analyze data. The platform also supports overlaying store locations to analyze competitor presence and growth over time.
Team Collaboration
The platform includes a private bookmarking feature, allowing teams to save and share custom queries. This enhances collaboration and ensures that all team members have access to the same data insights.
Comprehensive Analytics Capabilities
Thinknum provides robust analytics capabilities, including AI-powered analytics, custom reports, and detailed visualizations. These tools help users derive actionable insights quickly, without the need for extensive data science teams. For companies with experienced data science teams, the API feed offers raw structured data for further analysis.
Business Use Cases
- Sending & Publishing Communications: Utilize data to inform communication strategies.
- Products & Pricelist Management: Track product pricing and inventory trends in real-time.
- Social Media Analytics: Analyze social media traction and employee sentiment.
- Market Expansion: Track competitor expansions and market trends to inform strategic decisions.
Additional Benefits
Customer Support
Thinknum boasts a robust customer success team and offers 24/7 support, ensuring that users can maximize the benefits of the platform.
Unique Insights
The platform is praised for providing unique insights that help businesses understand trends and markets in an unparalleled way, making it a crucial thought partner for many organizations.
In summary, Thinknum is a powerful tool for businesses seeking to leverage alternative data to gain a competitive edge. Its comprehensive data collection, real-time insights, customizable queries, and robust analytics capabilities make it an indispensable resource for various business needs.